Economic Development News

Faddis Concrete Products launching Chester County operations
Thursday, September 12, 2019

COLUMBIA, S.C. - Faddis Concrete Products, an American-owned provider of high-quality precast concrete products, today announced plans to establish operations in Chester County. The $6.7 million investment will create 60 new jobs. Since 1989, Faddis Concrete Products has offered a comprehensive selection of approved products for transportation, industrial,

Innospec to Expand in Rowan County
Friday, August 30, 2019

SALISBURY, NC – The Rowan EDC and North Carolina Commerce Secretary Anthony Copeland announced today that Innospec Inc., a leading global manufacturer of specialty chemicals, will expand its operations in Rowan County. Through this expansion, the company expects to create up to 30 jobs over the next two years plus invest approximately $11.75 million

Governor Cooper Announces Carvana willCreate More Than 400 Jobs IN Cabarrus County
Thursday, August 29, 2019

Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars will locate a new inspection and reconditioning facility in Cabarrus County, creating more than 400 jobs, Governor Roy Cooper announced today. The company will invest more than $30 million in Concord over the coming years. “The online marketplace only works for

Adornus Cabinetry, LLC launching operations in Lancaster County
Thursday, August 15, 2019

COLUMBIA, S.C. – Adornus Cabinetry, LLC, a leading manufacturer and distributor of kitchen cabinets and bathroom vanities, today announced plans to establish manufacturing operations in Lancaster County. The more than $10 million investment is expected to create 210 new jobs. With a commitment to delivering significant value to homeowners and

Printful will open new 53,000 sq. ft. facility and add 100 jobs in Charlotte, NC this fall
Thursday, August 8, 2019

Printful, the leader in on-demand order fulfillment and warehousing services for online businesses, announced a major expansion of its operations to a new 53,000 sq. ft. facility in Charlotte, North Carolina. Located in the city’s Steele Point industrial park, the new facility will support the growth of both printing and warehousing services the

Lowe’s selects Charlotte and Mecklenburg County for new global technology center, creates more than 1,900 jobs in Charlotte
Thursday, June 27, 2019

CHARLOTTE, N.C. (June 27, 2019) – Lowe’s Companies Inc. announced Thursday it has selected Charlotte as the future home of its new global technology center, creating more than 1,900 net new jobs in the city. Lowe’s will invest $153 million in the technology center, which will be located in Charlotte’s South End neighborhood. The

Announcing North America's Top 50 Economic Developers of 2019
Friday, May 10, 2019

Drumroll please! We are so excited to officially announce and congratulate this year's recipients of the Top 50 Economic Developer award for 2019. Each winner has been nominated by someone in the economic development or site consultant communities for their outstanding leadership and innovation in the profession. We hope you help us congratulate the

New Jersey-Based Company Plans Move to Cabarrus County
Monday, May 6, 2019

Hydromer, Inc., a New Jersey-based manufacturer, made an exciting announcement in April about their plans to move their operations to Concord, North Carolina this summer. Hydromer was built in 1981 and grew to become a leading developer of polymer-based products in the medical device, pharmaceutical and biotechnology markets, as well as cosmetics, personal

Charlotte Regional Business Alliance Named Top ED Group for 2019
Wednesday, May 1, 2019

May 1 - The Charlotte Regional Business Alliance has been named as one of the country’s Top Economic Development Groups for 2019 by Site Selection. The magazine bases its annual ranking on four objective criteria – jobs, capital investment, jobs per capita and investment per capita. The publication also looks at subjective criteria, such as

Global Manufacturer of Machine Tools Relocates U.S. Headquarters to Charlotte
Friday, February 15, 2019

CHARLOTTE, N.C. (Feb. 15, 2019) - Porta North America, a subsidiary of Italy-based Porta-Solutions S.p.A., announced today they will relocate their North American headquarters from Newington, CT to 9233 Forsyth Park Drive in southwest Charlotte. In addition, the company is expanding its U.S. business operations with the opening of a North American Training